this post was submitted on 08 Aug 2024
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Stocks

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This past selloff is a clear example of big fish manipulating the market (lemmy.world)
submitted 1 year ago by venusaur@lemmy.world to c/stocks@lemmy.world
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Big guys like Berkshire have so much leverage in the market. They can sell a huge chunk of stocks causing chaos and a huge drop in price, then buy low and profit. The stock market isn’t fair to regular investors. You’re at the mercy of these big firms.

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[–] aodhsishaj@lemmy.world 2 points 1 year ago (1 children)

Yup, Naomi Klein has great write-ups about this. Shock Doctrine predicted the Covid buy backs.

[–] venusaur@lemmy.world 0 points 1 year ago

Thanks I’ll check it out

[–] Anticorp@lemmy.world 1 points 1 year ago (1 children)

What last selloff? Are you talking about BRK's Apple stock sales?